Common use of Restriction on Assignment Clause in Contracts

Restriction on Assignment. Subject to clause 11.1, the Offset Land Owner shall not, either absolutely or by way of security, assign its interests, rights or obligations under this agreement without the prior consent of the Administering Agency in writing signed by the Chief Executive Officer of Administering Agency.

Restriction on Assignment. Subject to clause 11.19.1, the Offset Land Owner shall not, either absolutely or by way of security, assign its interests, rights or obligations under this agreement without the prior consent of the Administering Agency in writing signed by the Chief Executive Officer of Administering Agency.